Xeneta container rates alert: carriers flex financial muscles as rates climb continues
March 29th, 2021 – Oslo, Norway – Shippers are facing increasingly difficult negotiations over long-term contracted rates in a market described as nothing less than “red hot”. Rates climbed by a further 2.2% in March, consolidating gains of 9.6% in February and 5.9% in January. The findings, disclosed in Xeneta’s latest XSI® Public Indices report, mean that container ship operators...
LSLC webinar – The Eternal Bliss – 17th March 2021
| THE CENTRE WELCOMES MEMBERS AND OTHER SHIPPING PROFESSIONALS TO THE 3rd WEBINAR IN ITS 2021 GLOBAL WEBINAR SERIES The Eternal Bliss Wednesday 17th March 2021 – 17.00 to 18.15 GMT |
| Introduction Demurrage is liquidated damages for a voyage charterer’s breach in failing to complete loading or discharge within the laytime allowed. But does it liquidate all the losses caused by that breach, or can the owners recover damages on top of demurrage in... |
https://allaboutshipping.co.uk/2021/02/26/lslc-webinar-the-eternal-bliss-17th-march-2021/
The www.allaboutshipping.co.uk Top Women in Shipping for 2020
The www.allaboutshipping.co.uk Top Women in Shipping for 2020
By Anny Zade
We are pleased to announce that 189 women out of 1,580 participating from almost all sectors of the entire Shipping spectrum shared the Top 100 places. What a fierce but friendly competition that was from our sea-maidens emanating from all over Planet Ocean. Despite the despicable situation we live in as we are in a double recession, despite another...
Signal look back at 2020: The headwinds, tailwinds and everything in between
| There is no doubt that 2020 has been a turbulent year for commercial shipping. The coronavirus pandemic has shaken the global maritime transport. The pandemic waves have disrupted supply chains and cargo flows across the world. Global oil demand was severely hit. Tensions and disagreements regarding oil production between the Organization of the Petroleum Exporting Countries (OPEC) and its allies such as Russia... |
VesselsValue partners with Concirrus to provide clients with improved underwriting capabilities.
VesselsValue, an online valuation and data provider announces a new data partnership with leading InsurTech, Concirrus. This partnership will enable real-time fluctuations in global shipping fleet market values, demolition values and newbuild values to be added to Concirrus’ predictive risk models. Concirrus’ marine insurance risk models empower (Re)Insurers to respond quickly to changing market...
John Faraclas
Markets remain overall buoyant amid perplexed Geopolitics leading to hostilities and a spreading Coronavirus
The BDI was up just a point since yesterday and now stands at 1,501; on a weekly basis we had good news: 131 points plus – up from 1,350 on 31 July 2020. Wets struggle. Geopolitics explosive and expect hostilities. Coronavirus cases spread and wonder how greediness will be penalised… John Faraclas daily and weekend recap:
The volatile Capes lost 63 points and the BCI now...
Diana Shipping Inc. Announces Time Charter Contract for m/v Melia with Ausca
https://www.allaboutshipping.co.uk/2020/08/07/diana-fixes-panamax-bulker-melia-on-period-with-ausca/
Xeneta CEO Patrik Berglund
Xeneta container rates alert: industry maintains “delicate balancing act” as long-term ocean freight rates hold steady
According to the latest XSI® Public Indices report from Oslo-based Xeneta, the carrier segment appears to be negotiating the Coronavirus storm with some success, at least in terms of safeguarding its vital long-term ocean freight rates. After two months of slight rate declines – although nowhere near as dramatic as industry observers had feared given...
Diana Shipping Inc. Announces Time Charter Contract for m/v G. P. Zafirakis with Koch
ATHENS, GREECE, June 3, 2020 – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Koch Shipping Pte. Ltd., Singapore, for one of its Capesize dry bulk vessels, the m/v G. P. Zafirakis. The gross charter rate is US$13,200...
John Faraclas
Shipping Markets remain ultra-low, Geopolitics “ruled” by Coronavirus amid an unprecedented Recession which will blow up everything on Planet Ocean
The BDI (Baltic Dry Index) was up 14 points from yesterday’s 393 and now stands just above the 400 point threshold at 407; on a weekly basis though same was down 435 points from the 7th of May’s closing at 461! The Geopolitical mess continues. Coronavirus (COVID-19) is here to stay. John Faraclas’ brief daily and weekly recap:
Pinch me;...